NOT LISTED FOR SALE

2147 Douglas St Forest Grove, OR 97116

Estimated Value: $375,000 - $523,000

4 Beds
2 Baths
1,380 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $175,000 $127 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,844/month

170 Days on Market

About This Home

As of March 2015

Large corner lot with paved parking near Pacific University,Forest Grove city center, shopping centers, etc. Potential positive cash flow from day one with upside potential! Strong rental history, rents are below the market offering an even stronger return. Buy and live in one unit and have your mortgage subsidized by your second unit.

Last Listed By

Steve Dials

Weichert, Realtors on Main Street License #201207459 Listed on: 08/03/2014

Weichert, Realtors on Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1980

Lot Details

  • 8,712

Parking

  • Assigned Parking

Home Design

  • Wood Siding

Kitchen

  • Range
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,350

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1380
  • Year Built: 1980
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: STOKE'S ADDITION, BLOCK 3, LOT 16

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Disposal, Range

Schools

  • High School: Forest Grove

Lot Info

  • Lot Description: Corner, Level
  • Zoning: A-1

Tax Info

  • Tax Amount: 2344.68
  • Assessor Parcel Number: R0747669

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.22

MLS Schools

  • High School: Forest Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Garcia Luis David Salgado and Hanson Shannon Marie
Bought by
Garcia Bravo Maria L and Salgado Garcia Vanessa
Total Days on Market
170
Current Estimated Value
$458,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2020
Sold by
Salgado Garcia Luis David and Garcia Luis D
Bought by
Salgado Garcia Luis David and Hanson Shannon Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2014
Closed on
Mar 6, 2015
Sold by
Palominos Ismael
Bought by
Salgado Garcia Luis D
Seller's Agent
Steve Dials
Weichert, Realtors on Main Street
Buyer's Agent
Steve Dials
Weichert, Realtors on Main Street
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$166,920
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2005
Sold by
Palominos Ismael and Palominos Jesus R
Bought by
Palominos Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,875
Interest Rate
1.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 25, 1999
Sold by
Maria Palominos Ismael and Maria Cruzorosco C
Bought by
Palominos Ismael and Palominos Jesus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Bravo Maria L $200,000 First American Title
Salgado Garcia Luis David -- Fidelity Natl Ttl Co Of Or
Salgado Garcia Luis D $170,000 Fidelity National Title Co
Palominos Ismael -- Ticor Title Insurance Compan
Palominos Ismael -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Bravo Maria Luisa $166,527
Closed Garcia Bravo Maria L $196,377
Previous Owner Salgado Garcia Luis David $222,000
Previous Owner Salgado Garcia Luis D $166,920
Previous Owner Palominos Ismael $133,875
Previous Owner Palominos Ismael $90,000
Closed Palominos Ismael $8,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $175,000 0.0% $127 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
08/03/2014 08/03/14 For Sale $175,000 -- $127 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,350 $182,620 -- --
2024 $3,232 $177,310 -- --
2023 $3,232 $172,150 $0 $0
2022 $2,826 $172,150 $0 $0
2021 $2,789 $162,280 $0 $0
2020 $2,774 $157,560 $0 $0
2019 $2,713 $152,980 $0 $0
2018 $2,629 $148,530 $0 $0
2017 $2,548 $144,210 $0 $0
2016 $2,476 $140,010 $0 $0
2015 $2,381 $135,940 $0 $0
2014 $2,370 $131,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14595494

Regional Multiple Listing Service (RMLS)

APN: R0747669